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The Latest Breaking News from Athleta

REI's new CEO will have to work on repairing staff morale

The former Athleta CEO will have to work hard to restore employee morale.

Fortune

Gap flags new trend that's a big threat to activewear brands' future

Gap banks on a new trend that's proven successful and may pose a huge threat to activewear competitors.

The Street

Retailer Gap Reports Stronger Than Expected Third Quarter Sales

The apparel company behind the Old Navy, Banana Republic and Athleta brands also raised its sales outlook for 2024.

International Business Times

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Gap's Turnaround Gains Steam, But is the Stock a Buy?

With momentum across key brands, ongoing market share gains, and a focus on operational discipline, Gap appears well-positioned to continue delivering value to shareholders.

Barchart

Now You Can Dress Like a Champion Courtesy of the Athleta x Simone Biles Collection

Top performers include a comfy and cool sateen bomber jacket, a shiny cropped sports bra along with a stretchy yoga top.

Fashion Times

Gap Inc. was careening toward retail irrelevance. Then it hired Barbie’s savior

New CEO Richard Dickson is trying to capture some of Abercrombie & Fitch’s turnaround magic by making iconic brands hip again.

Fortune

Buy This Stock to Bet on a Textbook Retail Turnaround

Ever since Richard Dickson took over as CEO in August 2023, the Gap’s results have looked like a textbook retail company recovery - sales have improved, margins expanded, and all of its brands gained market share. That's why the stock has tripled since his arrival. And there's more to come.

Barchart

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Simone Biles Net Worth 2024: The Reigning Queen Of Gymnastics

Simone Biles, the unparalleled gymnastics phenomenon, continues to dominate both on and off the mat, showcasing not only her athletic prowess but also her savvy financial acumen.

International Business Times

Amazon Fresh Introduces Recurring Reservations For Grocery Delivery

Explore global e-commerce trends, economic insights, and consumer behavior shifts in the grocery sector.

Top News

Gap Inc. used to be a bright spot for female leadership. Now it's hired 2 male CEOs

The new hires underscore just how rare it is to see two female CEOs in a row.

Fortune

PacSun Follows Lululemon, Gap and American Eagle Into Area Consumers Love

The mall retailer hopes a foray into a hot new space will boost sales and excitement.

The Street

Gap just hired the mastermind behind Mattel’s Barbie franchise turnaround as its new CEO. But is the troubled company even fixable?

He has a tough job: All of Gap Inc.’s brands are in decline right now.

Fortune

Why Investors May Consider Selling Gap (GPS) Into Strength

Although embattled fashion retailer Gap generated surprisingly positive results for its Q1 earnings report, the better longer-term decision may be to trim GPS stock.

Barchart

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The Street

This Shocking Fact May Explain Gap and Old Navy's Struggles

Without this key change, Gap continues to struggle to compete against fast fashion brands like Uniqlo and H&M.

The Street

Gap Executive Departures Spell Bad News for Investors and Shoppers

Whoever is in charge, apparel retailer Gap continues to struggle to sell merchandise that consumers want without big discounts.

The Street

Stocks Extend Slide, Jobs Report On Deck, SVB Collapse, Oracle Mixed, Mind The Gap - Five Things To Know

Stocks extend slide amid bank sector slump; Jobs Report: Workin' for a livin'; SVB needs capital ASAP; Oracle sees more profits and Mind the Gap (Shares).

Kiplinger

Holiday Returns: Guidelines and Return Dates for Major Retailers

In a year where holiday shopping began unusually early, expect unusual return dates and policies, some of them quite generous. But know what you’re getting into.

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Sports Illustrated

Allyson Felix Left the Track World Better Than She Found It—And She’s Not Done Yet

The U.S. Olympic legend—and advocate for athletes and mothers—is the winner of SI’s 2022 Muhammad Ali Legacy Award.

Fortune

Olympic runner Allyson Felix launched a shoe line upon learning sneakers were molded after men's feet

Olympic gold medalist Allyson Felix left Nike to partner with Athleta and create her own lifestyle and shoe brand Saysh.

The Street

Nike, Athleta, Pink Given Warnings About Their Sports Bras

A watchdog group is drawing attention to a chemical used in the manufacturing of popular sports bras that can lead to certain types of heart disease.

Los Angeles Times

Helene Elliott: Allyson Felix is coming home for one final sprint on the streets of LA

LOS ANGELES — Basketball was Allyson Felix’s game. The court was where the shy minister’s daughter could express herself better than she ever could through words. She cherished her Kobe Bryant jersey and her hoop dreams.

AFP

US athletics great Felix extending legacy beyond track

Eugene (United States) (AFP) - Seven-time Olympic athletics champion Allyson Felix's farewell season is about more than medals, even if it does yield one last trip to the World Championships.

The Street

Walmart Takes on Lululemon (Really)

Love & Sports is an activewear and swimwear collaboration between Michelle Smith and Stacey Griffith for Walmart.

The Street

People Are (Still) Flocking To Lululemon And Athleta

Demand for comfy, stretchy clothes is higher than before pandemic report shows (and that's good news for investors).

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